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H-E-B Plus!
H-E-B Grocery Company, LP, is an American privately held supermarket chain based in San Antonio, Texas, with more than 340 stores throughout the U.S. state of Texas, as well as in northeast Mexico. The company also operates Central Market, an upscale organic and fine foods retailer. As of 2019, the company has a total revenue surpassing 31.2 billion. H-E-B ranked number 9 on ''Forbes'' 2020 list of "America's Largest Private Companies". H-E-B was named Retailer of the Year in 2010 by ''Progressive Grocer''. Supermarket News ranks H-E-B 13th on the list of "Top 75 North American Food Retailers" by sales. Based on 2019 revenues, H-E-B is the 19th-largest retailer in the United States. It donates 5% of pretax profits to charity. The official mascot of H-E-B is named H-E-Buddy, an anthropomorphic brown grocery bag, with multiple grocery items being shown coming out of the top. History The company was founded on November 26, 1905, when Florence Butt opened the C.C. Butt Grocery Sto ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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San Antonio
("Cradle of Freedom") , image_map = , mapsize = 220px , map_caption = Interactive map of San Antonio , subdivision_type = Country , subdivision_name = United States , subdivision_type1= U.S. state, State , subdivision_name1 = Texas , subdivision_type2 = County (United States), Counties , subdivision_name2 = Bexar County, Texas, Bexar, Comal County, Texas, Comal, Medina County, Texas, Medina , established_title = Foundation , established_date = May 1, 1718 , established_title1 = Incorporated , established_date1 = June 5, 1837 , named_for = Saint Anthony of Padua , government_type = Council-manager government, Council-Manager , governing_body = San Antonio City Council , leader_title = Mayor of San Antonio, Mayor , leader_name = Ron Nirenberg (Independent politician, I) , leader_title2 = City Manager , leader_name2 = Erik Walsh , leader_title3 = San Antonio City Council, City Council , leader_name3 = , unit_pref = Imperial , area_total_sq_m ...
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Chief Operating Officer
A chief operating officer or chief operations officer, also called a COO, is one of the highest-ranking executive positions in an organization, composing part of the "C-suite". The COO is usually the second-in-command at the firm, especially if the highest-ranking executive is the chairperson and CEO. The COO is responsible for the daily operation of the company and its office building and routinely reports to the highest-ranking executive—usually the chief executive officer (CEO). Responsibilities and similar titles Unlike other C-suite positions, which tend to be defined according to commonly designated responsibilities across most companies, a COO's job tends to be defined in relation to the specific CEO with whom they work, given the close working relationship of these two individuals. The selection of a COO is similar in many ways to the selection of a vice president or chief of staff of the United States: power and responsibility structures vary in government and priva ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Lower Rio Grande Valley
The Lower Rio Grande Valley ( es, Valle del Río Grande), commonly known as the Rio Grande Valley or locally as the Valley or RGV, is a region spanning the border of Texas and Mexico located in a floodplain of the Rio Grande near its mouth. The region includes the southernmost tip of South Texas and a portion of northern Tamaulipas, Mexico. It consists of the Brownsville, Harlingen, Weslaco, Pharr, McAllen, Edinburg, Mission, San Juan, and Rio Grande City metropolitan areas in the United States and the Matamoros, Río Bravo, and Reynosa metropolitan areas in Mexico. The area is generally bilingual in English and Spanish, with a fair amount of Spanglish due to the region's diverse history and transborder agglomerations It is home to some of the poorest cities in the nation, as well as many unincorporated, persistent poverty communities called ''colonias''. A large seasonal influx occurs of "winter Texans" — people who come down from the north for the winter and then ret ...
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Del Rio, Texas
Del Rio is a city and the county seat of Val Verde County in southwestern Texas, United States. The city is 152 miles west of San Antonio. As of 2020, Del Rio had a population of 34,673. History The Spanish established a small settlement south of the Rio Grande in present-day Mexico, and some Spaniards settled on what became the United States side of the Rio Grande as early as the 18th century. Paula Losoya Taylor built the first '' hacienda ''in the area in 1862. U.S. development on the north shore of the Rio Grande did not begin until after the American Civil War. The San Felipe Springs, about east of the Rio Grande on the U.S. side of the border, produces of water a day. Developers acquired several thousand acres of land adjacent to the springs, and to San Felipe Creek formed by the springs, from the state of Texas in exchange for building a canal system to irrigate the area. The developers sold tracts of land surrounding the canals to recover their investment and show a pro ...
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Junction, Texas
Junction is a city in and the seat of Kimble County, Texas, United States. Its population was 2,574 at the 2010 census. Geography Junction is located at (30.489772, –99.771335), about northwest of San Antonio and west of Austin in central Kimble County. Interstate 10 runs through the northern and eastern parts of the city, with access from Exits 456 and 457. I-10 leads southeast to Kerrville and beyond to San Antonio, and west to Sonora. U.S. Route 83 follows I-10 past Junction, leading north to Menard and south to Uvalde. U.S. Route 377 passes through the center of Junction as Main Street and 11th Street. To the northeast, U.S. 377 leads to Mason, and to the southwest it leads to Rocksprings. According to the United States Census Bureau, Junction has a total area of , of which , or 0.26%, is covered by water. The city is named for its location at the confluence of the North and South Llano Rivers. History The community was founded in 1876 after the organiz ...
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Howard Edward Butt
Howard Edward Butt Sr. (April 9, 1895 – March 12, 1991) was an American businessman, and CEO of the H-E-B grocery store chain, which was founded by his mother, Florence Thornton Butt, in 1905. Early life Howard Butt was youngest of the three sons born to Charles Butt, a pharmacist from Memphis, and Florence Thornton Butt.Supermarket News: "A TEXAS-GROWN SUCCESS STORY" by Elliot Zwiebach
January 31, 2005
The family moved to the drier climate of due to his father's tuberculosis, and in 1905, his mother opened a small grocery store below their apartment. Howard managed the store while in high school and then after grad ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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Retailer
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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San Antonio Express-News
The ''San Antonio Express-News'' is a daily newspaper in San Antonio, Texas. It is owned by the Hearst Corporation and has offices in San Antonio and Austin, Texas. The ''Express-News'' is the third largest newspaper in the state of Texas, with a daily circulation of nearly 100,000 copies in 2016. The newspaper's online presence includes both the subscription version of the ''San Antonio Express-News'' and the ad-supported ''mySA''. History The paper was first published in 1865 as a weekly tabloid-style newspaper under the name ''The San Antonio Express''. At that time, the city had already had a number of other newspapers in a number of different languages. However, all the other publications went out of business, leaving only the ''Express'' to serve the city. In December 1866, the ''Express'' made the move from a weekly paper to a daily newspaper, and expanded into a full newspaper by the early 1870s. The early days of the ''Express'' was marked by several leadership chang ...
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